COT report see's commercials covering a net 18,000 or so gold contracts which at these levels is a significant number.
5,000 Silver contracts were covered which is highly significant because the commercials are short only about 5,000 so the pressure continues to build and the pot looks like it might be about to show signs of activity.
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- "Have We Reached The Breaking Point?"
"Have We Reached The Breaking Point?", page-15
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